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Mr. Shuichi Sarasawa has been involved with the administration of Central Glass. Through many years of experiences, he has the experience and knowledge of general administration and corporate governance of global companies, as well as a wide range of experience and knowledge from chemistry to semiconductors.

Based on the above, TOTO believes he is highly capable of auditing the business execution of general management; therefore, TOTO selected and appointed him again as an outside auditor. He will be serving as an outside auditor for one year as of June 24, 2020, when the 154th ordinary general meeting of shareholders is concluded.